“A tropical paradise is racked with bankruptcy then smashed by a killer hurricane. In rides a cavalry of digital evangelists selling hi-tech revolution. Will they save the day?”
Tag Archives: Technology
23andMe Is Sharing 5 Million Clients’ Genetic Data with GlaxoSmithKline
“Though 23andMe gets the consent of its customers to use their genetic data, it’s unlikely that most people are aware of this.”
Read more: https://www.livescience.com/63173-23andme-partnership-glaxosmithkline.html
Meet the Anarchists Making Their Own Medicine
“By freely distributing plans for medical devices and pharmaceuticals, a loose collective of anarchists and hackers is threatening to pull the rug out from under one of the most regulated and profitable industries in the world. And they’re just getting started.”
Internet Sales Taxes Are Economy-Sapping Domestic Tariffs
“Here’s hoping the internet tariff is revisited by future Courts, as it’s plainly a restraint on trade. If cities and states really want a bigger cut of our consumption they should either raise local sales taxes, or they should demand that we report what we purchase outside where we live. Rather than hiding behind the courts in order to force non-constituent businesses to collect taxes for them, they should stand up and collect taxes on their own. And when voters vote them out, a message about excessive taxation will have been sent to all grasping politicians.”
Ethereum web wallet hit by attack after Hola VPN extension gets hacked
“The situation recalls a similar incident in February when MEW was affected by a DNS attack that saw at least $365,000 of crypto stolen from users.”
Read more: https://techcrunch.com/2018/07/09/myetherwallet-hit-by-attack-hola/
Sergey Brin says Google ‘failed to be on the bleeding edge’ of blockchain
“Brin suggested that blockchain is within the wheelhouse of X, the company’s semi-secret research division.”
Read more: https://www.cnbc.com/2018/07/09/brin-says-google-failed-the-bleeding-edge-blockchain.html
Crypto Mining Giant Bitmain Valued at $12 Billion in New Funding Round
“The news comes nearly a year after Bitmain raised $50 million in a Series A funding round, led by Sequoia Capital China and IDG Capital, as previously reported by CoinDesk.”
Read more: https://www.coindesk.com/report-mining-giant-bitmain-valued-at-12-billion-in-new-funding-round/
Switzerland looks to liberalise cryptocurrency banking access
“Switzerland’s fast-growing cryptocurrency industry could have full access to conventional banking services by the end of the year, removing one of the restrictions to future growth, a top Swiss policymaker has said.”
Read more: https://archive.fo/MH3sJ#selection-1629.0-1629.61
BIS Chief to Crypto Coders: ‘Stop Trying to Create Money’
“The head of the Bank of International Settlements has predicted a bad ending for cryptocurrencies, calling for an end to their production in a recent interview.”
Read more: https://www.coindesk.com/bis-chief-says-stop-trying-to-create-money-in-new-crypto-critique/
Bank of Finland Report Calls Digital Currency a “Fallacy”
“According to the article, the main impetus for buying cryptocurrencies are either for criminal activities, creating a sense of community, security against ‘real or imagined’ state oppression, and the thrill of trading.”